Makayla Management Services is considering investing $150,000 in a project . Data related to the investment are as follows : Cash Inflows $40,000 $46,000 $34,000 $ 80,000 $40,000   The investment's payback period in years (rounded to three decimal points ) is :   2.625 3.450 2.225 3.375 3.250

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Makayla Management Services is considering investing $150,000 in a project . Data related to the investment are as follows :

Cash Inflows

$40,000

$46,000

$34,000

$ 80,000

$40,000

 

The investment's payback period in years (rounded to three decimal points ) is :

 

2.625

3.450

2.225

3.375

3.250

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